Reliance Capital Ltd's total assets at Rs. 87041 crore

Reliance Capital Limited (RCL) today announced its financial results for the quarter ended June 30, 2018. The performance highlights are:

Consolidated results - quarter ended June 30, 2018

- Q1 FY19 Total income of Rs. 4,641 crore (US$ 683 million), as against Rs. 4,444 crore in the corresponding previous year - an increase of 4%

- Q1 FY19 Net profit at Rs. 272 crore (US$ 40 million), as against a loss of Rs. 378 crore in the corresponding previous year

- Q1 FY19 Earnings per share of Rs. 11.7 (US$ 0.17)

Credit Rating:

As on June 30, 2018, the Company had a net debt equity ratio of 5.18. It continues to enjoy the highest rating of 'A1+' by ICRA for its short term borrowing program, and 'CARE AA+' by CARE for its long term borrowing program.

Operational Review:

As on June 30, 2018, the total assets of the Company stood at Rs. 87,041 crore (US$ 12.8 billion) - an increase of 7%.

The Company has not raised any fixed deposits from the public.

The consolidated results have been prepared in line with Ind AS. Insurance companies are not covered under Ind AS. Accordingly, the standalone results of Reliance General Insurance and Reliance Nippon Life Insurance have been disclosed on the basis of IRDAI reporting.

Shares of RELIANCE CAPITAL LTD. was last trading in BSE at Rs.440.4 as compared to the previous close of Rs. 439.75. The total number of shares traded during the day was 374352 in over 4928 trades.

The stock hit an intraday high of Rs. 449.9 and intraday low of 435.35. The net turnover during the day was Rs. 166059350.